A surge of 20% in XRP's price propels a potential break-through towards $3.80, prompting vigilant traders to monitor these crucial levels!
In the world of cryptocurrencies, XRP is making waves with its recent price surge. According to various sources, including Whale Alert, CryptoQuant, and X (formerly Twitter), XRP has broken above a descending trendline on the daily chart and cleared a bullish flag on the 4-hour timeframe. This could potentially target the $3.80 price level for XRP.
The altcoin's price has been on a rollercoaster ride in the past few days, with a 20% increase over the past week. At the time of writing, XRP is trading at $3.25, up 2.5% over the last 24 hours.
The recent activity in XRP includes two large transactions worth $108 million, transferred to Coinbase in the last 24 hours, as flagged by Whale Alert. However, the trading volume of XRP fell by 15% from its previous session, indicating a slightly bearish sentiment.
Despite this, the Relative Strength Index's (RSI) reading of 59 implies that XRP bulls might still have some room to push. The Bollinger Bands also highlight strong bullish momentum across the board, suggesting a potential 15% price uptick to hit a new high of $3.80.
However, the rise in XRP's price is raising questions about its staying power, especially considering August's historical performance. The month has often been a difficult one for XRP, with losses in 8 out of the past 12 years.
On the other hand, regulatory progress on Ripple’s legal standing, including affirmations that XRP is not a security, has boosted confidence for further price appreciation. Many experts predict a strong price rally potentially pushing XRP from around $3 to between $6 and $8, or even higher, given improving regulatory clarity and growing institutional interest.
Regarding fears of a sell-off due to large whale transactions and exchange reserves, the current analysis does not explicitly address any current signs of massive whale-induced sell-offs or rising exchange reserves prompting immediate dumping risk. Instead, the market sentiment focuses more on price momentum and regulatory developments.
In summary, while potential sell-off fears stemming from whale transactions or exchange reserve buildups are not prominently noted in recent analyses, short-term volatility remains a concern. Most experts highlight a strong bullish trend driven by fundamental factors and technical momentum, supporting the possibility of significant gains if current support holds and volume increases.
[1] Cointelegraph. (2025). XRP Price Analysis: 3 August. [online] Available at: https://cointelegraph.com/news/xrp-price-analysis-3-august
[2] Coinpedia. (2025). XRP Price Prediction 2025: Will XRP Reach $10? [online] Available at: https://coinpedia.org/price-prediction/xrp-price-prediction-2025/
[3] NewsBTC. (2025). XRP Price Analysis: XRP Faces Bearish Pressure as it Struggles to Hold Above $3. [online] Available at: https://www.newsbtc.com/2025/08/02/xrp-price-analysis-xrp-faces-bearish-pressure-as-it-struggles-to-hold-above-3/
[4] Investing.com. (2025). XRP Price Forecast: Ripple's Legal Victory Boosts XRP Price. [online] Available at: https://www.investing.com/news/cryptocurrency-news/xrp-price-forecast-ripple-s-legal-victory-boosts-xrp-price-3040889
[5] U.Today. (2025). XRP Price Prediction: Will Ripple’s XRP Reach $4 in Q3 2025? [online] Available at: https://u.today/ripples-xrp-price-prediction-will-ripple-s-xrp-reach-4-in-q3-2025
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